NU Property & Casualty 360

Ian's toll: Munich Re warns on full-year profit target

Munich Re anticipates taking a hit of $1.57B as a result of Hurricane Ian’s damages.

Posted: Oct 23, 2022

Meet new PIA Board President Gerald F. Hemphill

Gerald F. Hemphill is excited about insurance-agent opportunities, even in the face of a possible recession.

Posted: Oct 23, 2022

Moving Up: How To Have A Successful Career In The Insurance Industry?

“The good news is that insurance is already well-positioned to embrace change and attract young talent.”

Posted: Oct 23, 2022

More than half of home & auto policyholders worry about being underinsured

Some 80% of policyholders said there are aspects of their home and auto policies that they want to learn more about or understand better.

Posted: Oct 21, 2022

Rap v. country music debate ends in blows, but no workers' comp

According to the court, a qualifying compensable injury had to arise from more than an employee’s mere presence at the workplace.

Posted: Oct 20, 2022

California institutes Safer from Wildfires framework requiring insurance discounts

Insurance companies have 180 days to submit new rate filings that take the new regulations into account.

Posted: Oct 20, 2022

Mold & marble: What’s it all about?

There are six key ingredients mold requires in order to survive and grow.

Posted: Oct 20, 2022

People on the move in the P&C insurance industry: October 21, 2022

The latest insurance industry personnel news from Cowbell, The Hartford, Everest Re and more.

Posted: Oct 20, 2022

More than half of home & auto policyholders worry about underinsured

Some 80% of policyholders said there are aspects of their home and auto policies that they want to learn more about or understand better.

Posted: Oct 20, 2022

Inflation must not curb insurance innovation

Insurance innovations enable carriers to use tech to react more quickly to inflationary pressures.

Posted: Oct 20, 2022

Why Innovation is the Solution to Construction Industry Risk Management Challenges

Contractors are homing in on improving risk management strategies to combat rising insurance costs.

Posted: Oct 20, 2022

Inflation's impact on reinsurance should not be overlooked

Higher claims costs driven by inflation coupled with more frequent claims driven by climate change have had a toll on reinsurers.

Posted: Oct 19, 2022

Tips for insurance agents who work with builders in 2022

The construction market is shifting, so it’s a good time to talk to contractors about their builders risk insurance needs.

Posted: Oct 19, 2022

Amazon Insurance Store launches with home policies in UK

Amazon’s U.K. insurance aggregator will initially offer quotes from three insurance companies, with more expected to join early next year.

Posted: Oct 19, 2022

Minnesota workers' comp association distributing $600M surplus

Minnesota’s Workers’ Compensation Reinsurance Association previously distributed surplus in 992, 1993, 1996 and 2000.

Posted: Oct 19, 2022

Are businesses prepared for another Superstorm Sandy?

Review the destruction caused by Sandy as well as steps to improve storm resiliency as the superstorm’s 10th anniversary approaches.

Posted: Oct 19, 2022

Some risks too big: Insurers withdraw from fossil projects

Insurers have begun to make the link between fossil fuel infrastructure, such as mines and pipelines, and the impact that greenhouse gas emissions are having on other parts of their business.

Posted: Oct 19, 2022

Coverage for trade dress infringement doesn't extend to trademark claim

The policies didn’t define ‘trade dress infringement’ or ‘trademark infringement,’ but did distinguish the terms with their plain language.

Posted: Oct 19, 2022

Around the P&C insurance industry: October 19, 2022

Insurance industry news from Tremor Technologies, Clyde & Co, Coalition and more.

Posted: Oct 18, 2022

Hurricane Ian might not 'crater' Florida's insurance market, but here's what to expect

Many insurance companies have paused insuring in Florida until they have a better handle on their losses from the hurricane, says Joseph Gendelman, president and CEO of Bruce Gendelman Insurance Services.

Posted: Oct 18, 2022

Fortune: Insurance companies ranked among best workplaces for women

A 2022 survey found women leaders are twice as likely to be mistaken for someone more junior compared to their male counterparts.

Posted: Oct 18, 2022

The threat of phishing: What organizations need to know

Phishing attacks have proliferated as automation makes them relatively cheap and easy to perform.

Posted: Oct 18, 2022

PIA, AIMS Society team up to best serve insurance pros

Consolidation is intended to 'benefit both independent agents and the insurance industry as a whole.'

Posted: Oct 18, 2022

What are valued policy laws?

Valued policy laws generally apply only to buildings and structures, and only to losses due to perils specified in the law.

Posted: Oct 17, 2022

Utilizing data-driven transparency in claims litigation

Insurance defense firms are already feeling the effects of social inflation and a rapidly digitizing court system.

Posted: Oct 17, 2022